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SafeNet Strengthens Board of Directors with Appointments of Jeff Hawn and Phil Saunders

New Board Members Bring Significant Operational and Go-To-Market Expertise

BALTIMORE
June 23, 2014

–SafeNet, Inc., a global leader in data
protection, announced today the appointments of senior software industry
executive Jeff Hawn
and IT security industry executive Phil Saunders
to the company’s board of directors effective June 12, 2014. Hawn
currently serves as chairman and chief executive officer for The Attachmate
Group and Saunders is executive vice president and chief revenue officer at
SafeNet.

"We are very pleased to welcome Jeff and Phil to the
SafeNet board of directors," said David
Fishman, a partner at Vector Capital and fellow member of the board. "Having
held numerous executive and consulting positions within the technology
industry, Jeff will provide invaluable operational insights to help both the
board and the executive management team moving forward. Phil’s leadership
experience with the company and deep knowledge of the IT security landscape
also brings an additional perspective that will assist the board and help
further drive the company’s go-to-market strategy."

"I
am enthused to be joining the SafeNet board of directors," said Hawn.
"I believe SafeNet is positioned well with terrific leadership and
solutions that can solve the most important data protection needs
facing companies, governments, and consumers alike. I look forward to working
with my fellow directors and the SafeNet management team to capture the vast
opportunities ahead."

"What
we do is critical to the success of every enterprise and government institution
in the world," said Saunders. "How we enable those organizations to access,
evaluate, purchase, and deploy our solutions is critical to both our success
and the success of every customer we serve. I am delighted that the board
recognizes the impact that our direct sales, channel network, and business
development efforts have on the company’s future, and am honored that they have
recognized my expertise in these areas by inviting me to step into a seat on
the board."

Jeff
Hawn has more than 20 years of experience in the software industry and brings
significant operational expertise, having held multiple senior-level positions
in the software industry.

Hawn
currently serves as the chairman, chief executive officer, and board member for
The Attachmate Group, a privately held enterprise software holding company,
where he is responsible for defining the direction and business strategies for
the organization and its portfolio companies Attachmate, NetIQ, Novell, and
Suse.

Prior
to The Attachmate Group, Hawn was an operating partner with JMI Inc., and led
the firm's private equity acquisition and operating activities. Prior to his
work at JMI, he was senior vice president at BMC Software, where he held
several key management positions. Additionally, he has served as a partner at
the global consulting firm of McKinsey & Company.

Hawn
holds a bachelor’s degree in Mechanical Engineering from Southern Methodist
University and an MBA from the University of Texas.

About
Phil Saunders

Phil
Saunders currently serves as SafeNet’s executive vice president of sales and
chief revenue officer, where he is responsible for driving the strategy and
execution of the field, channel, and technical sales teams, as well as global
sales operations. He is also responsible for developing the strategy for
generating profitable revenue over the long term; building the bridge from
corporate strategy to field execution, ensuring that the entire organization
has the direction, information, resources and support to successfully execute
in the field.

Saunders joined SafeNet in 1997 as vice president of
marketing and business development, cultivating strategic partnerships and transforming
the company’s marketing initiatives. In 2000, he took a position as senior vice
president of business development at Corente (recently acquired by Oracle). He
returned to SafeNet in 2002, and has held several highly successful positions
in sales and marketing, including senior vice president, worldwide sales and
customer service, vice president and general manager of the Borderless Security
Business Unit, and director of channel development.

Prior to joining SafeNet, Saunders was director of sales at
Nuera Communications, and previously spent several years at Motorola in a
variety of sales roles. He has received numerous leadership awards for his
outstanding achievements, including awards from the American Marketing
Association (AMA).

Saunders
holds a bachelor’s degree in Business from the State University of New York at
Albany, and an MBA from Seton Hall University.

About SafeNet, Inc.

Founded in 1983, SafeNet, Inc. is one of the largest information security companies in the world, and is trusted to protect the most sensitive data for market-leading organizations around the globe. SafeNet’s data-centric approach focuses on the protection of high-value information throughout its lifecycle, from the data center to the cloud. More than 25,000 customers across commercial enterprises and government agencies trust SafeNet to protect and control access to sensitive data, manage risk, ensure compliance, and secure virtual and cloud environments. Learn more about SafeNet on Twitter, LinkedIn, Facebook, YouTube, and Google+.